Aisha Steel Mills to Hold Board Meeting on Annual Financial Statements

Karachi: A meeting of the Board of Directors of Aisha Steel Mills Limited is scheduled for 30th September 2024 in Karachi, to review and approve the company’s annual audited financial statements for the fiscal year that concluded on 30th June 2024.

In anticipation of this meeting and the ensuing financial announcements, a “Closed Period” has been declared from 24th September to 30th September 2024, inclusive of both dates. During this period, there will be restrictions on trading activities related to the company’s shares by its directors, executives, and other insiders.

According to information available from the Pakistan Stock Exchange (PSX), the declaration of the Closed Period is in accordance with clause 5.6.4 of the PSX Rule Book. This regulatory measure is intended to prevent insider trading and ensure that all market participants have fair access to material information.

The outcome of the board meeting could influence the company’s stock as it relates to the performance and financial health over the past fiscal year. Stakeholders and members of the exchange have been advised to heed the trading restrictions during the Closed Period.

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